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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

The Guardian has quoted sources explaining that the money earned by the key overseas businesses during the peak trading period in November and December was paid into a global account, based in the UK – “a practice termed ‘cash pooling’”. As a result, global subsidiaries are struggling to pay suppliers for services rendered during that peak.

Shopping 290
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Why Retailers Need Cloud-Native Payment Orchestration: 5 Tips to Flexible, Scalable, Customized Payment Infrastructure

Retail TouchPoints

Meanwhile, the payment team is frustrated, accounting can’t scale efficiently under the demand to reconcile reports, and the retailer’s developer can’t stick everything together. Deploying these new payment types will cause very little friction to backend accounts and fulfillment teams. 4) Scale for Simplicity.

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How the Y2K Revival is Expanding True Religion’s Shopper Community

Retail TouchPoints

Starting as a Senior Designer in 2006, he worked his way up to VP of Innovation before he left the company in 2017. By the end of this year, the brand anticipates that the mobile app will account for 10% of total ecommerce sales.

Fashion 274
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Why Ksubi CEO Craig King reads a book a fortnight, and says you should too

Inside Retail

By the time I was 35, I felt fairly polished in accountancy, P&Ls, human resources – areas I would have to be good at. I landed the job of GM at General Pants in 2006, and then in 2010, I became CEO.

Boutique 246
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Cisco Purpose Report: Measuring and reporting impact along our purpose journey

Cisco Retail

By setting clear goals, measuring our progress, and transparently reporting our impact (which we’ve been doing annually since publishing our first Corporate Citizenship Report in 2005), we’re able to provide an account of the difference we’re making each year and how we plan to learn from our outcomes. What we made possible in 2021.

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The Case For Subscription Service In CPG

Retail TouchPoints

The costs, as a percentage of net sales, for CPGs to serve their retail partners has been rising by an average of 40 basis points since 2006. Replenishment subscriptions, where consumers sign up to have everyday goods delivered on a regular basis, account for 32% of the subscriber population. The Next Big Move For CPGs: Going DTC.

Consumer 284
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Amazon is Moving Beyond its Own Walls Like Never Before…What Will it Mean for Retail?

Retail TouchPoints

Last week, at the company’s fifth annual Accelerate conference for its third-party selling partners (which now account for 60% of its sales, by the way), Amazon continued down a path that it started on 24 years ago, when it first turned its website into a third-party marketplace.